On the Similarities of Some Multi‐Criteria Decision Analysis Methods |
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Authors: | Jutta Geldermann,Anita Schö bel |
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Abstract: | Since multiple criteria characterise many practical decision problems, the research field of multicriteria decision analysis (MCDA) is flourishing. This paper compares the multi‐attribute decision making (MADM) methods, simple additive rating (SAR), simple additive weighting (SAW) as well as the outranking approach PROMETHEE and explains their similarities. We present a case study on industrial paint application and provide theoretical evidence that PROMETHEE can mimic other MADM algorithms. Copyright © 2011 John Wiley & Sons, Ltd. |
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Keywords: | outranking MCDA preference functions |
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